ASX 200 pulled back from intra-day highs to close up 61 points at 6900 (0.9%). Banks led the market higher with CBA up 1.6%, NAB up 1.5% and the Big Bank Basket up to $173.54 (+1.7%). Fund managers also better but MQG set to report tomorrow were flat. REITs soared on falling yields, GMG up 2.22% and GPT up 3.0% as 10-year yields fell to 4.80%. Healthcare also finding support from oversold levels, CSL up 1.3% and RMD rallying another 3.3%. Tech too had a good day on lower rates with XRO up 3.5% and WTC up 3.4% with the All-Tech Index rising 2.7%. Old skool platform stocks too in the green with REA up 4.8% and CAR rising 2.3%. Industrials not so great except interest rate sensitive stocks, TCL up 1.0%, QAN up 2.6% and JBH up 0.9% with solid support for retailers. Utilities slipped back after ORG saw an increased offer from Brookfield and a rejection from AussieSuper again. Resources were mixed, gold miners slipping back as risk appetite increased, NEM down 1.3% and NST off 2.6%. Oil and gas stocks also slid lower, WDS off 2.5% and STO down 3.0%. Coal stocks better and iron ore stocks still in demand, BHP up 0.4% and FMG rallying 1.7%. Lithium stocks saw a few buyers, nothing spectacular, PLS up 0.6% and LYC up 0.6%. In corporate news, CSR held its AGM talking of solid demand, SUN appointed a bank CEO, STO lost a court battle for Barossa project and A4N rose strongly on news of insto support for a capital raise. On the economic front, some lending numbers but it’s all about the RBA next week. Asian markets better, Japan up 1%, HK up 1.3% and China up 0.1%. 10-year yields down to 4.79%

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